Seller's Agent in 2018
Fran Riley
United Realty
(207) 322-4848
203 Total Sales
11 Homestead Rd Belmont, ME 04952
Estimated Value: $255,000 - $457,000
5
Beds
3
Baths
2,107
Sq Ft
$162/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Wood Flooring
- Baseboard Heating
- Wooded Lot
- No HOA
- Coin Laundry
About This Home
As of October 2018Ideal Owner Occupied multi unit residence, located only minutes to Belfast, on well maintained Route 3. Building set back for privacy. Close proximity to the ocean and good commute for tenants in either Belfast, Augusta or Camden. Live in one unit while the tenants pay your mortgage and expenses. Unit A is ground floor 2 bedroom, middle unit, with a month to month, 30 day notice. Rent is 900. Unit B is top unit, 3 bedroom, with term expiring February 2019. Rent is $875. Unit C is bottom unit, 1 bedroom, with term expiring February 2019. Rent is $650. Tenants pay own electric, cable and phone. Landlord pays heat. Taxes $2445, CMP common area, $550., Oil 800+/- gallons., insurance $1300. Rents are very reasonable with room for increases. Septic leach field was just expanded in 2018. HHE-200 available. Drilled well. Coin laundry.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,445
Year Built
- Built in 1993
Lot Details
- 1 Acre Lot
- Lot Has A Rolling Slope
- Wooded Lot
Home Design
- Concrete Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3 Full Bathrooms
- 2-Story Property
- Views of Woods
Flooring
- Wood
- Carpet
- Vinyl
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- Common or Shared Parking
- Gravel Driveway
- Shared Driveway
- On-Site Parking
Outdoor Features
- Outbuilding
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Private Water Source
- Well
- Oil Water Heater
- Septic System
- Private Sewer
Listing and Financial Details
- Tax Lot 2.1
- Assessor Parcel Number 11Homestead RoadBelmont52.1
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Coin Laundry
Building Details
- Operating Expense $7,671
- Gross Income $29,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2018
Closed on
Oct 19, 2018
Sold by
Fisher Gary L and Fisher Melba D
Bought by
Belfast City Props Llc
Seller's Agent
Fran Riley
United Realty
Buyer's Agent
Roland Littlefield
United Realty
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,931
Avg. Annual Appreciation
11.32%
Original Mortgage
$124,000
Outstanding Balance
$109,455
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$215,316
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Belfast City Props Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Belfast City Props Llc | $124,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2018 10/19/18 | Sold | $155,000 | -3.1% | $74 / Sq Ft |
| 08/31/2018 08/31/18 | Pending | -- | -- | -- |
| 08/30/2018 08/30/18 | For Sale | $159,900 | -- | $76 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,004 | $167,361 | $30,000 | $137,361 |
| 2023 | $2,912 | $167,361 | $30,000 | $137,361 |
| 2022 | $2,761 | $167,361 | $30,000 | $137,361 |
| 2021 | $2,845 | $167,361 | $30,000 | $137,361 |
| 2020 | $3,386 | $156,026 | $26,000 | $130,026 |
| 2019 | $2,624 | $122,025 | $26,000 | $96,025 |
Source: Public Records
Agents Affiliated with this Home
-
Fran Riley
-
Roland Littlefield
Seller Co-Listing Agent in 2018
Roland Littlefield
United Realty
(207) 322-4848
205 Total Sales
Map
Source: Maine Listings
MLS Number: 1368322
APN: 5-02-10-01
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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